Most credit cards will not approve an applicant with bad credit and no income. Credit card issuers want to know that if they grant you a line of credit, you will be able to pay it back. However, there are circumstances in which a person with no income needs to get a credit card – a stay-at-home parent, for example, whose spouse provides income, or a student supported by a parent. In those cases, it might be best for the person who is not earning income to be an authorized user on their spouse or parent’s credit card account.
Having bad credit in addition to no income makes it even harder to get a credit card, but there are still options for you. Credit accounts like Fingerhut and Horizon Gold offer guaranteed approval with no credit check. They are not regular unsecured cards, however. They only allow users to buy merchandise from their catalogs or web sites.
A prepaid card may be the best option for you. These are not credit cards, but work like a credit card. You load money onto the card and use it until it is gone – think of it like a debit account. You may also want to consider a secured credit card, which requires a deposit to act as collateral on the line of credit.